Queen Village Bicycles - Historic Philadelphia Neighborhood Bike Shop

Inventory

Included in asking price

Real Estate

Leased

Building SF

1,200

Lease Expiration

28/06/2028

Employees

2

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Historic Queen Village shop in one of the busiest family neighborhoods in Philadelphia. Completely remodeled store and opened as new shop in 2020. New hardwood floors, drywall, ceilings and systems with two high efficiency mini splits with heat (low energy bills - $100/ month average). Security cameras and system in place. Replica Penny-Farthing Bike included. Website, Facebook, Instagram all transferable with established Google Accounts. Everything a new owner needs to step in and operated profitably from day 1.

Competition

Closest shops are 1 mile away. Dense population and walking population. Located across from busy market and on a highly desirable commercial street.

Growth & Expansion

Easily double in revenue with additional mechanic and active owner/operator. Service alone will double revenue and increase profits.

Financing

Owner willing to negotiate sale price into the lease.

Support & Training

Manager will stay on for seamless transition. Profitable if this is an owner/operator business.

Reason for Selling

Multiple business - diversification